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Million Contract

Navy Awards Lockheed Martin $248 Million Contract

The U.S. Navy has awarded Lockheed Martin Space Systems-Missiles & Space Operations, Sunnyvale, Calif., a $248 million contract for the follow-on production of 12 Trident II D5 Fleet Ballistic Missiles (FBM) and start of the D5 service life extension (LE) program. Production of the missiles will begin in 2002, with an expected delivery to the Navy in 2004. Since serial production began in 1987, the U.S. Navy has purchased 396 TRIDENT II D5 submarine launched ballistic missiles (SLBMs).


Swiber Wins Siazable Offshore Contracts

Offshore construction & services provider Swiber wins SE Asia & Latin America contracts worth altogether about US$ 143-million. The contracts comprise an approximate US$100 million contract for offshore construction work in Southeast Asia; and an approximate US$43 million contract for the charter of a construction vessel that will be deployed to Latin America this year. Work for the US$100 million contract is expected to commence in Q1 2013 with expected completion by Q3 2013


Romanian Yard Close To Contracts

Romanian Black Sea shipyard Santierul Naval Constanta reportedly is close to clinching shipbuilding contracts worth the equivalent of $32 million with two big German companies this year. The yard was expected to sign a contract worth $20 million with Ferrostaal Essen and another $12 million contract with Thyssen-Krupp group. The shipyard, slated for selloff later this year and needing an annual $50 million in contracts to operate properly, has so far secured orders totaling $20 million


Malta Drydocks Loses $7M Conversion Contract

Hebridean Island Cruises has pulled out of a $7 million conversion contract with Malta Drydocks and awarded it to a British yard instead, the Malta company said on Tuesday. Scotland-based Hebridean had already issued a letter of intent in favour of Malta Drydocks for the conversion of a modern ship into an old style classic cruise liner, the Malta firm said. Malta Drydocks did not reveal the name of the U.K. yard or the name of the cruise liner


GD Contracted to Develop Advanced Submarine Technologies

General Dynamics Electric Boat has been awarded a $118-million contract by the US Navy for development of advanced submarine technologies General Dynamics Electric Boat has been awarded a $117.8 million contract modification from the U.S. Navy to develop advanced submarine technologies for current and future undersea platforms.  Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the modification


Dock Landing Ship Inspection, Test, Contract for GD NASSCO

USS Comstock: Photo credit USN

General Dynamics NASSCO gets $104-million contract modification for 'USS Comstock' (LSD 45) modernization. General Dynamics NASSCO has been awarded a $104 million contract modification from the U.S. Navy to renovate and modernize the dock landing ship USS Comstock (LSD 45).  General Dynamics NASSCO is a business unit of General Dynamics. General Dynamics NASSCO received funding to begin modifications to USS Comstock (LSD 45) in April 2012 and began performing onboard renovation and


NASSCO Awarded $230 Million Contract

National Steel and Shipbuilding Company (NASSCO), was granted a $230 million contract to build its eighth large, medium-speed RoRo vessel per the U.S. Navy's Strategic Sealift Program. The contract wraps-up the 20-vessel LMSR Program that NASSCO has shared with other American shipbuilders. The company now has contracts for 11 vessels, three conversions and eight new constructions. Measuring 950 ft. (289.5 m) and containing 390,000 sq. ft


Todd Shipyards to Perform Overhaul

Todd Pacific Shipyards Corp. received a $29 million contract from the Washington State Ferry Systems for the overhaul of its ferry M/V Yakima. The overhaul encompasses replacement of most of the lower vehicle deck; installation of the vessel's new furniture and fixtures; removal and reinstallation of propulsion motors, main diesel engines and propulsion generators. The work, which began upon the vessel's arrival at the shipyard on October 22, is expected to last 15 months.


Conrad Wins $8.9M Towboat Contract

Conrad Industries, Inc. won an $8.9 million contract by the United States Army Corps of Engineers to design and build a 144-ft., 3,300-hp, ABS-Classed welded steel towboat. When delivered, the vessel’s primary mission will be the support of the MAT Sinking Unit revetment operations on the Mississippi River for the Vicksburg District of the United States Army Corps of Engineers


Halifax Shipyard to Modernize Frigates

A sea of people in hard hats flooded a tent Monday at the Halifax Shipyard for the announcement of $549m worth of work on the navy’s Halifax-class frigates. Seven of the warships will go through a modernization program at the Irving-owned shipyard. also announced a $351-million contract Monday with Victoria Shipyards on the West Coast to upgrade the other five frigates.   Source:  Chronicle Herald


General Dynamics Bags USN's VPM Development Contract

Virginia Payload Module

  The U.S. Navy has awarded General Dynamics Electric Boat a $6.5 million contract modification to support development of the Virginia Payload Module (VPM). Electric Boat is a wholly owned subsidiary of General Dynamics. The VPM will comprise four large-diameter payload tubes in a new


New Vessel Traffic Management System for Portsmouth

Image courtesy of BAE Systems

BAE Systems has been awarded a £5.5 million contract to install a new Vessel Traffic Management System to assist in the controlling and monitoring of all ship movements within Portsmouth Harbor and the Eastern Solent.    The contract is the latest development in the partnering


Port of LA to Start Yusen Terminal Improvements

Photo: Port of Los Angeles

Project will enhance wharf, rail and yard infrastructure to optimize terminal operations   The Port of Los Angeles will begin construction this summer on a two-year project to improve the marine container terminal operated by Yusen Terminals LLC


Samsung Wins $890 mln Statoil North Sea Contract

Johan Sverdrup field in the North Sea (rendering: Statoil)

Norwegian oil major Statoil  has awarded Samsung Heavy industries an $888 million contract for two platform decks on the giant Johan Sverdrup field in the North Sea, it said on Tuesday. The contract includes fabrication of decks for both the process and riser platforms for the Sverdrup


Swiber Gains $405.6 mi Contracts

Courtesy Swiber Holdings

  Business momentum is fast picking up at Swiber Holdings Limited despite the downturn in the oil and gas industry as the Group clinches a total of US$405.6 million for a series of contracts, including its latest US$333 million contract for Engineering, Procurement


Kenya Ready to Start Work at Northern Port

Kenya is ready to begin work on the first three berths at a long-delayed port on its northern coast, next to the historic trading town of Lamu, President Uhuru Kenyatta said in his annual State of the Nation address on Thursday. The Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) project


North Sea Oil: Harkand wins Maersk Oil North Sea Deal

Harkand Da Vinci.

Harkand won a multi-million contract with Maersk Oil North Sea Ltd for the provision of DSV services in the North Sea region. The 12-month contract will be serviced by Harkand’s two DSVs, the Harkand Da Vinci and Harkand Atlantis, supported by project management and engineering from


Navy Awards Austal $691M for Two Littoral Combat Ships

 A littoral combat ship built by Austal (photo courtesy of Austal)

  The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part of the Navy's expansion of a previous block buy contract with Austal to 10 total ships


General Dynamics Wins $610 milion Naval Order

DDG 51 Class Destroyer

The U.S. Navy has awarded funding for the construction of DDG 122, the Fiscal Year 2015 Arleigh Burke-class destroyer under contract at General Dynamics Bath Iron Works.   This $610.4 million contract modification fully funds this ship which was awarded in 2013 as part of a multi-ship


General Dynamics Bags Nuclear Submarine Contract

Submarine-Maintenance-Work Courtesy General Dynamics

  The U.S. Navy has awarded General Dynamics Electric Boat a $32.6 million contract modification to perform nuclear-maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics.


Eaton Wins Panama Canal Contract

Eaton power management solutions, engineering services to enhance Panama Canals electrical reliability, energy efficiency and economic viability (Photo: Business Wire)

 Power management company Eaton has been awarded an additional $5.2-million contract to provide critical installation services for the Panama Canal Expansion Program.    Eaton’s contract was awarded by Grupo Unidos por el Canal, SA (GUPC)


Bridge Layout Approved for Oman Navy Newbuilds

Rear Admiral Abdullah Khamis Al Raisi and Ben Wardle signing Bridge Mock-up Review and Approval Certificates (Photo: Austal)

The bridge layout for two 72-meter high speed support vessels (HSSVs) for the Royal Navy of Oman has been formally approved during a ceremony held at Austal Australia’s shipyard in Henderson, Western Australia, the shipbuilder announced.  


NASSCO Bags $24 mi Award for Littoral Combat Ships Sustainment

Littoral Combat Ships Courtesy Wikipedia

  General Dynamics NASSCO has been awarded a $24.1 million contract by the U.S. Navy for Littoral Combat Ships (LCS) sustainment execution in support of LCS' home-ported in or visiting San Diego. General Dynamics NASSCO is a business unit of General Dynamics (NYSE: GD).


NASSCO Bags USS Mitscher Maintenance, Modification Contract

USS Mitscher Photo USN

  General Dynamics NASSCO, a business unit of General Dynamics has been awarded a $36.4 million contract for maintenance, modernization, and repair of the USS Mitscher (DDG 57). "This award is a testament of the hard work by the General Dynamics NASSCO team and the collective effort


USS Montpelier Modernization Contract for General Dynamics

USS Montpelier, a Los Angeles-class attack submarine

  The U.S. Navy has awarded General Dynamics Electric Boat a $46.4 million contract for planning efforts in support of maintenance and modernization work on USS Montpelier, a Los Angeles-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.






 
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